TIMELY TOPICS

...There is nothing meek about this American Federation ef Utility...

...The Ministers for Peace ONE can make all the allowances one wants and still it must be admitted that the response which Kirby Page has collected drom more than 20,000 answers to questionnaires sent to Protestant ministers and Jewish rabbis is somewhat surprising and very encouraging...

...This is the kind of opposition the workers have to expect...

...It is time the American people got it into their heads that we cannot protect capitalist property rights— let alone the right of labor to the product of its labor—and give everybody what they want...

...Let Father Coughlin, Huey Long, and others, take notice of that plain fact...

...You can't support the present structure, the burden of interest, and yet find any sensible way to relieve its intolerable pressure upon farmers and others...

...I repeat on the basis of what I hear everywhere: Chiseling is more universal under the codes than bootlegging in prohibition days...

...One of the worst things about this American Federation of Utility Investors is that the big financier hides himself behind men like Dr...

...We must make the grade...

...Who are these men...

...The Administration's present intent to prevent cut-throat competition and yet not encourage monopolistic price fixing...

...These absentee owners do not really manage or control the companies...

...The fact is that he was put in jail, while big companies .guilty of price-fixing and continual chiseling of the labor provisions of the codes go utterly unwhipped of justice...

...The Fascist Danger IF anyone still has doubts about.the monad of * Fascism in "Anglo-Saxon countries let him read the story in the New York Times of Monday, April 23rd, about Sir Oswald Mosley's dramatic Fascist meeting in Albert Hall, London...

...la a transition period we can take steps somewhat to mitigate the shock of panic change upon the system and masses of men under it, and that's all We eannot fool ourselves that we can keep on granting profits to small owners of property and take it all out of the big men, either by taxation or otherwise...

...The opposition of the ministers to oldfashioned individualistic capitalism is even more overwhelming...

...But it is not nnssible at all to validate all certificates of debt at a hundred cents on the dollar and still reduce the burden of debt...

...We can make the grade...

...And, of course, they conceal the fact that the present structure of our utility companies is an intolerable burden upon our economic life...

...The opposition of the ministers is far greater and more thoroughgoing to war than to capitalism...

...Louis Post-Dispatch, which gave the most effective comments on the way NRA is working that I have seen...

...General Johnson says so— an explanation of why no conspicuous example .has been made...

...On this matter, at least, Mr...

...And unless we carry out that minimum program, we can adopt all the resolutions that the wisest men can think of, we can have a cheering crowd at a glorious Hay Day demonstration, we map even have a suecessfuLaTonvention, but the Socialist Party will not be the vehicle that will win the battle against war and fascism...

...Well, Dr...

...This la ap effort on the part of big utility companies to evade popular wrath for their excessive profits, for the kind of financing which brought about the Insull crash, and for their general corrupting effect upon democracy by organizing the absentee owners of stocks in public utilities to do their fighting for them...

...We have got to start out on the principle of social ownership, planned production and a sharing of the abundance that can thus be produced...

...It is possible to reduce {he burden of debt to some extent even under capitalism without wiping out savings, as might be done by a wholesale inflation...

...The economy of abundance will never be reached by that road...

...In the meantime, the one thing American Socialists eannot do end remain Socialists rather than^car^asclits, Is to go aa far as Comyadf ShartsTof Okie has urged, in a recent issue of The New Leader, in pUytqg up nationalism...

...This is the menace with which British labor must deal...

...Hugh S. Magill, nominally president, and Charles B. Kirwin, one of the directors...

...The entire amount so far raised or pledged, while decidedly in excess of the amount raised in a similar period last year, is or was for the week ending April 23rd not a tenth of the amount that must be raised this year if we are to carry out our minimum program...

...WHAT is potentially about the most dangerous organisation in the economic world which has come to my attention is the American Federation of Utility Investors, Inc...

...It Is prepared to fight rate reduction, taxation, government competition through the Tennessee Valley Authority end other federally owned enterprises, eg- thismjh tea deejomaman\ of '^ht<^faagfaul.>alk tttU^Ln^.^arti *» notices sent out with dividend checks and in every other way open to public utilities with enormous resources...

...I HOPE In neat week's issue either la my column * erelaewaero...

...Warburg is right...

...Kirwin ia Treasurer of the Catholic Church Extension Society of the United States of America...

...Now it happens that savings of banks, insurance companies, and the like, are very generally invested in indebtedness certificates, that is, bonds and mortgages...

...Nevertheless, it is encouraging that 5,879 of these ministers definitely favor Socialism, a little more than half as many as favor a drastically reformed capitalism, which presumably in the minds of most of these ministers may mean the New Deal...

...The capital levy would help...

...Saya the correspondent: "Sir Oswald ceases to be a joke in British politics, for the movement he started eighteen montba ago was definitely launched tonight with the blessings of en eudlence of men and women in whom there seemed to be not e spark of internationalism or e sperk of goodwill for anybody outside'the British Empire...

...Magill is the General Secretary of the International Council of Religious Education of Chicago, a Protestant organization of some importance...

...Here, in other words, is a very clever attempt to line up churches and educational institutions along with the public utilities because of their investments...

...hriefly to summense my address at The New Leader chaser...

...It admits no wrongdoing on the part of the managers of public utilities...

...Every effort is going to be made to fool the worker, the farmer, or the professional man with a little insurance policy or a little money in the savings bank or one or two shares of public utility stocks by making him think that he will lose enormously if these monopolies which should be socialized are socialized...

...There is not time to be lost...

...Underneath a bigger heading under a longer article read: "NRA Has No Case on Big Companies That Will Stick...

...to fix a, reasonable cost in an industry but pot \o fix prices...

...It is no use for a thickand-thin supporter of NRA to get up and say that after a while the tailor was let out and that really he oughtn't to nave acted the way he did...

...All our hopes, of intelligent democracy and fair play depend upon it...

...Investors...

...It cannot raise prices and fix prices, as is being done under the codes, and at the same time give adequate protection to consumers...

...In a little box at the head of a column is carried a paragraph headed: "Tailor Who Pressed Suit for 5 Cents Less Than Code Price Gets Thirty Days...

...They conceal the fact that aa a worker and consumer, whether on farm or in factory, that man will gain far more than he will Ipse as an investor...

...Only four states—Georgia, Kentucky, Arkansas and Tennessee —are on the Red Special, that is, have finished their quota...

...Warburg Tells Some Truths 117 E owe to banker James Warburg the statement " of one truth at least...

...to raise the entire price level but not tbygouge consumers, is as impossible as the squaring of the circle...

...The United Drive THE same mail which brings me good news of fine work of Socialist organizers in North and South Dakota, in Alabama, Georgia, South Carolina, Kansas, Missouri and Iowa also brings me news that ki this last week of the United Socialist Drive we are far from going over the top...

...13,997 out of 20,870 ministers who answered believe it is time for the churches to go on record as refusing to sanction or support any future war...

...If they did, they should bear the responsibility for the crimes and blunders of these companies...

...There's the problem...

...This is the kind of thing that will put to a test the deep sincerity with which certain church organizations have recently been adopting rather radical resolutions...

...In a speech he said something to this effect: The Administration is trying to protect all the savings of the American people at a hundred cents on the dollar and at the same time to reduce the burden of debt, and it can't be done...

...alayXia this conaectAes^Ep £sssQ£^ft fccs^sayt^ ^Tfee...

...Without overemphasizing the real power represented in the opinion of these ministers, here is a factor in our social life of which neither labor nor the Socialist Party should fail to take account...

...A. F. of U. I., Inc...